Nepal Launches Social Security Scheme

 

Nepal government has launched a Social Security Scheme for formal sector workers of the country. PM of Nepal KP Sharma Oli stated that it was very necessary to strengthen the system in which the government is accountable to its people. People of all ages and categories would be included in the scheme.

The new social security scheme is contribution based and it will cover health and medical facilities, safe motherhood, accident, and physical incapacity security, security to dependent family members and security at old age. The scheme will be compulsorily applicable to formal sector workers. The scheme will soon be extended to informal sector workers as well.

Static/Current Takeaways Important For Canara Bank PO:

  • Bidhya Devi Bhandari is the current President of Nepal and commander in chief of Nepalese Army.
  • The currency of Nepal- Nepalese Rupee.
  • Kathmandu is the capital city of Nepal.

Source- DD News

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